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Nov 17, 2012
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house minority leader nancy pelosi said no one at this meeting broached any specific numbers for the overall deal. >> i think it would be good if we did something in a $4 trillion category of deficit reduction, which is similar to the grand bargain that was discussed last year and so that would be a standard that i would have, but i don't want to give you the impression that that was the goal. maybe we could do more. >> senate minority leader mitch mcconnell said the republicans are willing to look at enhanced revenue collection, but only if what he called the real problem, entitlement spending, is also on the table. >> harris: james, we did get our first indications of the timetable for a possible deal today. >> that's true. the congressional leaders said their aim is to try to get to the president's desk some outline of a deal by the week after thanksgiving. >> i outlined a framework of the deal with reforming our tax code and reforming our spending. and i believe that the framework that i've outlined in our meeting today is consistent with the president's call for a fair and balan
house minority leader nancy pelosi said no one at this meeting broached any specific numbers for the overall deal. >> i think it would be good if we did something in a $4 trillion category of deficit reduction, which is similar to the grand bargain that was discussed last year and so that would be a standard that i would have, but i don't want to give you the impression that that was the goal. maybe we could do more. >> senate minority leader mitch mcconnell said the republicans are...
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Nov 14, 2012
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nancy pelosi might reveal if she is stepping down as democratic leader of the house. she has led democrats for ten years they failed to gain control of the session. >>> catholic leader timothy cardinal dolan saying the catholic church won't give up the fight against president obama's birth control mandate. they will move forward with lawsuits against that mandate. they are against the requirement that employers provide health insurance that provide free birth control. the president program moysed to change the mandate so insurance would pay for birth control but any employer should be able to opt out of that. >>> negotiating a pathway to citizenship for the 11 million immigrants. mccain and rubio are willing to work on an immigration reform. rubio worked on a republican version of the dream act last year. things will take time but quote it's an important issue for the country economically. >>> stick around senator john mccain will be live on fox and friends. >> panic erupting at a community college in texas after students hear shots being fired on campus. you can see
nancy pelosi might reveal if she is stepping down as democratic leader of the house. she has led democrats for ten years they failed to gain control of the session. >>> catholic leader timothy cardinal dolan saying the catholic church won't give up the fight against president obama's birth control mandate. they will move forward with lawsuits against that mandate. they are against the requirement that employers provide health insurance that provide free birth control. the president...
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Nov 17, 2012
11/12
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pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use
pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line...
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Nov 16, 2012
11/12
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nancy pelosi suggested maybe there is a bit of wiggle room in the $250,000 amount. maybe we could move it higher who is considered rich in this country. is that something though that you think john boehner is even interested in? >> i think it is probably something that he might consider. this is how negotiations work. congressional "fight club." they stake out their positions and sort of move closer together as they come together and actually meet and discuss this. there are couple options what they can do on the table. president signaled perhaps it doesn't have to be all about getting rates to clinton era levels. perhaps getting revenue from other places. i think that would be healthier, broader tax reform kind of deal made. i'm not sure whether they're all savvy enough to make that deal. i mean. martha: seems to me that is the major issue here. that is what john boehner was hinting at. he is suggesting that if you remove some of the loopholes that is a tax increase on the wealthy in this country. i feel like that is a message that has gotten across in perhaps a cl
nancy pelosi suggested maybe there is a bit of wiggle room in the $250,000 amount. maybe we could move it higher who is considered rich in this country. is that something though that you think john boehner is even interested in? >> i think it is probably something that he might consider. this is how negotiations work. congressional "fight club." they stake out their positions and sort of move closer together as they come together and actually meet and discuss this. there are...
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Nov 16, 2012
11/12
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let's listen to house minority leader nancy pelosi. >> lifting the spirits and confidence in our country we will have an economic downturn that must be avoided. we understand our responsibility there. we understand that it has to be about cuts. it has to be about revenue. it has to be about growth. it has to be about the future. so as we cut investments and as we talk about revenue, we have to do so in a way that promotes growth and supports the future. it was good. i feel confident that a solution may be in sight. mitch? >> i can only echo the observations of the other leaders it was a constructive meeting. we all understand where we are. i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. even though most of my members, i think without exception believe that we're in the dilemma we're in not because we tax too little but because we spend too much. one final observ
let's listen to house minority leader nancy pelosi. >> lifting the spirits and confidence in our country we will have an economic downturn that must be avoided. we understand our responsibility there. we understand that it has to be about cuts. it has to be about revenue. it has to be about growth. it has to be about the future. so as we cut investments and as we talk about revenue, we have to do so in a way that promotes growth and supports the future. it was good. i feel confident that...
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Nov 16, 2012
11/12
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boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal. but you haven't seen the hero that jumped inside to save her, he's coming up this hour. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when
boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal....